same here. I killed it in the ES & YM on the short side. I ended up given a portion of it back in NQ. My stop was just too tight. NQ whipped...
sure looks that way. We may be oversold but we are not done selling yet.
channell is starting to show signs of breaking down.
This is not money going into equities. Its a run on the bonds and into "CASH"!!!! ITS FEAR AND PANIC!!!!
Looks like the mkt is holding here. could end positive on the day since uptrend channell is still intact on the 60 min chart. This retracement in...
Yup. classic blow off tops and bottoms. "V" shape recovery into the election then we retest the lows.
I agree the mkt wants to crash! However I believe PPT is proping up the market. None is buying. Some profit taking on shorts but no piling on of...
I think if we take out the overnight lows and fall a couple hundred below that then we might just as well see that happen. Again the Nikkie was...
This is one of those WOW moments. I have never seen this before. A worldwide interest rate cut. Fed intervention into the markets i.e. no short...
ditto
There are some unprescedented foreces in play right now. I would not be surprised if PPT was operating today. I've made good profit on the short...
I dont know about you guys but I'm not a buyer here. I'm only looking at the short side here. Any rally should be met with amazing selling...
With the Nikkie being down almost 10% last night and Gold Futures up over $40.00 I say thats where we are headed today.....DOWN HARD!!!
That's a great question. It would depend on the circumstances. Heres a real life example: 9/11/2001 Terrorist Attacks The market went...
The bear mkt loves to draw in the bulls then massive selloff into the close.
market wants to go lower. what makes it a scary place is the slow grinding way that its doing it. When the short sellers are allowed to play again...
point well taken. after working on Wall Street as a systems trader for many years I can tell you that I have traded 100' s of systems with REAL...
Thats your opinion. However it is not true. It does not matter what money management you use. If your strategy does not work consistantly you will...
Entry points ARE critical. example: you sell at the low of the day. i.e. buying the top and selling the bottom. Exit points ARE critical....
60 min chart is sideways making for a total inside day. Might not get a trade off today. Price points may not get triggerd at all.
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